Commercial property renewal rate changes exceeded 10% in April: Ivans
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Commercial property renewal rate changes exceeded 10% in April: Ivans

Kyoung-son Song
May 04, 2023
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Premium renewal rate increases for commercial property in April were 10.09%, accelerating from 9.14% in March, according to Ivans pricing data.

Most commercial lines of business tracked by Ivans accelerated in April month on month, except workers’ compensation.

Even in workers’ compensation, where prices have been dropping, the pace of decline slowed down to 1.22%,

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Kyoung-son Song
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